Employee Motivation Strategies For Managers And Executives

What determines “progress” in terms of employment? Progress is defined by focusing on a higher goal without having to constantly worry about day-to-day needs (food, water, shelter, clothing). Those are the basic survival needs. Until you are sure that those are taken care of, your mind constantly switches back to the urgent needs at hand which are the absolute minimums for survival. A business organization employs that same process, but on steroids. Considering that the paycheck covers the basic needs and then some, employees must feel safe, comfortable, and motivated at the workplace. However, the reality is that employees may… Continue Reading

5 Business Process Challenges For Project Managers

Management and ownership are different. But are these truly incompatible? Successful business owners and entrepreneurs have simply struggled for a continuous period of time, juggling with anything and everything from legal and accounting through sales and marketing, IT, operations, recruitment, branding, management, negotiations, to name A FEW. This isn't necessarily a great thing if the vast majority of your time goes into dreadful stuff. I always cringe when I need to handle accounting or legal cases for over an hour! Experienced managers, however, are paramount to the future (and the growth cycles) of an organization. Yet, these are rare to… Continue Reading

11 Traits Of A Great Manager And Top Tips To Develop Them

There are good managers. And then, there are great ones. According to The Predictive Index, nearly 30% of employees believe their managers fail at team-building skills, and a portion of them suck at handling feedback, delegation, and time management. Managers who are successful in their respective fields leading large teams need to bounce between daily activities with various team members and then to the global responsibilities of the organization. Having consulted over 400 companies as a business advisor, I've worked with any combination of management and leadership teams - veteran and new ones, external and trained bottom up, brought in… Continue Reading

Ten Leadership Skills to Develop in 2024

The past few years been a great learning opportunity for us. The COVID-19 situation has changed a lot of our working habits and the entire concept of onsite work has transitioned to remote across most of the universe.  This has also led to more opportunities and new ways of living; however, it's not necessarily permanent either—meaning that people have bounced between back and forth, between lockdowns and going to work, between remote and onsite.  This has changed the perception and expectations in any form of long-term planning for the vast majority of people, especially those with kids, and having to… Continue Reading

32 Techniques for Stress Management

Excessive levels of stress—and the inability to deal with it—have been leading to major personal and professional outbursts, impacting the global economy. Stress.org's research indicates that 77% of people experience physical signs due to stress.One in three individuals feels they live with intense stress, and 73% believe it impacts their mental health. Forbes Magazine reports that the U.S. incurs nearly $190 billion yearly in stress-related healthcare costs. 55% of Americans report feeling stressed daily, exceeding the global average of 35%. Let's dive together in this overview of stress management techniques suitable for busy professionals, students, and individuals in all walks… Continue Reading

Leadership Development: How to Promote and Grow Your Management Team

According to several independent studies, 80% of leadership positions have no formal training at all. If you run a mid-sized business and promote your management team internally (as the majority of the organizations out there), you likely fall into the majority of the businesses that grow organically. Management, along with leadership, is often taught “on the job”—without an MBA degree or background in economics to help you move forward. Leadership team development can help people. Your staff will go through an established and proven process evaluating strengths and weaknesses in an objective and non-harmful manner. Communication skills—along with other critical… Continue Reading

Acquiring Digital Properties: Why, What, and Where to Buy

Today, we are discussing how to acquire digital properties: WHY, WHAT, and WHERE to buy.  I have been buying digital real estate such as agency websites, SaaS platforms, e-commerce applications, content publishing websites over the past 11 years. Some sites are well-established and successful while others are starter apps I integrate into my portfolio or bundle into existing solutions. Buying digital properties has definitely been one of the endeavors that I have been enjoying quite a lot. My Experience Buying Digital Businesses Some of the acquisition deals have turned into great business opportunities or just tangible investments that have led… Continue Reading

Top 10 Business Advisor Skills Your Company Can Benefit From

Gaining experience is not a solo adventure; learning from the best is a shortcut many people underuse. There are over 800 thousand management consultants in the US alone. While large enterprises can leverage the services of titans like Deloitte, McKinsey, KPMG, Accenture, Bain & Company, SMEs operate with different budgets compared to the average size of a US government contract exceeding $4.5M. At any stage of your journey, you face strategic obstacles with multiple ways out. Gauging the right path forward is an expensive exercise that could easily turn into a powerhouse working with the right business advisor. Some of… Continue Reading

8 Key Tips for Creating a Positive Work Culture

Creating a positive work culture is a critical element in the success of any company.  In fact, 94% of business executives and 88% of employees surveyed believe that a distinct corporate culture is critical to the success of a business.  Your culture at work can have a huge impact on the performance of your employees and the overall goals of the company in terms of: productivity creativity potential revenue value of the firm rate of growth Basically, your work culture plays an important role in attracting, retaining, and motivating employees. Creating a positive work culture: turns your office experience into… Continue Reading

How to Build Trust and Loyalty as a Leader

Remember the old saying, "People don't quit jobs, they quit managers."?  It's similar when the people in charge are at fault.  Highly motivated and enthusiastic people, or people who want to make a change, give up because they don't feel their leadership sees the future in the best possible manner. That leadership does not take care of their interests or that leadership is not aligned with whatever the company promises.  About 79% of people would quit and seek new jobs because of bad leadership. In order to solve this problem, you want to make sure you're representing the best leadership… Continue Reading